Rumour is they're going to chuck a load of money at the Six Nations instead.
As I say the PL would be highly unlikely to give the rights to ITV. They probably could outbid the BBC - but not by so much that it'd be worth taking the hit on the ratings. Especially given that the sums involved are, by comparison with the live and overseas rights, tiny. Scudamore is a paid up member of the greed is good club but even he knows that an extra say, £50m a year (which the league and the clubs most assuredly do not need) does not outweigh what the reaction of the public would be. They have tried ITV before and it failed miserably. People will sit through adverts if it doesn't mean the length of coverage takes a hit - as with Goals on Sunday. ITV aren't going to dedicate 2-3 hours to a highlights show which means you end up with less bang for your buck. Brand perception as well, people do generally think along the lines of BBC = good, ITV = bad.